Elaina Shekhter - 25 Mar 2022 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role
SVP, Chief Marketing Officer
Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol
EPAM
Transactions as of
25 Mar 2022
Transactions value $
-$39,479
Form type
4
Filing time
29 Mar 2022, 18:01:22 UTC
Previous filing
25 Mar 2022
Next filing
31 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Award $0 +2.11K +35.4% $0.00 8.08K 25 Mar 2022 Direct F1
transaction EPAM EPAM Common Stock Tax liability -$39.5K -148 -1.83% $266.75 7.93K 27 Mar 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EPAM Employee Stock Option (right to buy) Award $0 +5.02K $0.00 5.02K 25 Mar 2022 EPAM Common Stock 5.02K $266.75 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 15, 2023, 2024, 2025, and 2026.
F2 These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to the reporting person under the Issuer's Long Term Incentive Plan.
F3 The option will become exercisable as to 25% of the shares on each of March 15, 2023, 2024, 2025, and 2026.